LPL Financial LLC Sells 941 Shares of First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM)

LPL Financial LLC cut its position in First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) by 10.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,128 shares of the company’s stock after selling 941 shares during the quarter. LPL Financial LLC owned about 1.08% of First Trust RiverFront Dynamic Emerging Markets ETF worth $561,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Baird Financial Group Inc. boosted its stake in First Trust RiverFront Dynamic Emerging Markets ETF by 1.3% in the 4th quarter. Baird Financial Group Inc. now owns 25,058 shares of the company’s stock valued at $1,731,000 after purchasing an additional 326 shares during the period. Cambridge Investment Research Advisors Inc. bought a new stake in First Trust RiverFront Dynamic Emerging Markets ETF in the 4th quarter valued at $217,000. Finally, Prospera Financial Services Inc bought a new stake in First Trust RiverFront Dynamic Emerging Markets ETF in the 4th quarter valued at $338,000.

NASDAQ:RFEM opened at $73.36 on Thursday. The stock has a fifty day moving average price of $73.51 and a 200-day moving average price of $70.76. First Trust RiverFront Dynamic Emerging Markets ETF has a fifty-two week low of $49.03 and a fifty-two week high of $78.24.

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Institutional Ownership by Quarter for First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM)

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